K Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern =% (enter your response as a percentage rounded to one decimal place).
K Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern =% (enter your response as a percentage rounded to one decimal place).
Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
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Transcribed Image Text:K
Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of
2,000 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200,
generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500 new students. Although there
was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take
business courses.
The utilization rate for Southeastern = % (enter your response as a percentage rounded to one decimal place).
Expert Solution
Step 1
Utilization rate is used to calculate the percentage of actually realized potential output.
Formula = (Actual intake/potential output) *100
Actual intake = 1420
Potential output = 2000
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